Housing costs in San Rafael?
A typical home costs
$93,900, which is 72.2% less expensive than the national average of
$338,100 and 64.8% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in San Rafael costs
$750 per month, which is 26.5% cheaper than the national average of
$1,020 and 9.3% cheaper than the state average of
$820.
Can I afford San Rafael?
To live comfortably in San Rafael (zip 87051), New Mexico, a minimum annual income of
$18,000 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about San Rafael?
The cost of living in 87051 San Rafael, NM is generally affordable. The median home value is just over $68,000, making it a great option for potential homeowners looking for an affordable place to live. Prices at the grocery store are typically low as well, with the average household spending around $60 per week on groceries and other items. Additionally, utilities are very low in San Rafael, with an average monthly bill for electricity coming to just under $78. With such low prices on everyday expenses, San Rafael is an ideal location for anyone looking to stretch their budget further without sacrificing quality of life.